GMC Property Mgmt Sells Villages at Turtle Creek for $18.6M
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GMC Property Management sold the 232-unit Villages at Turtle Creek at 14620 Turtle Creek Cir. in Tampa, FL to Praxis Capital, Inc. for $ 18.58 million, or approximately $ 80,000 per unit. The 166,721-square-foot multifamily community comprises 13 buildings on 12 acres in the University Square MF submarket. it was built in 1985 and was 96 percent occupied at the time of sale. Jason Stanton of Berkadia Real Estate Advisors represented the seller…
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